Work is commencing on a key a bridge link in China. The new bridge will be located in Shandong's Dongming County and will take four years to construct.
Work is commencing on a key a bridge link in China. The new bridge will be located in Shandong's Dongming County and will take four years to construct. Once complete the bridge will provide a link between Changyuan County in Henan Province and Dongming County in Shandong Province. The 23.5km bridge deal is worth some US$604.22 million and the project will be carried out on a build-operate-transfer basis. Shandong Jean Goujion Investment Group will contribute the project capital, which accounted for 35% of the total investment value, while the remaining amount will be sought in loan form from local banks. Meanwhile in China's Guangdong province, work on Heyuan city's first city-level highway is due to start in December 2011. The 37.3km east ring highway will connect Dongyuan County and Zijin County. Dongguan Jilong Group will invest in the project, which is due for completion in 2014. The highway will have 11 tunnels and 43 bridges. The cost of the deal is not available at present.